3335 E Normal Ave Fresno, CA 93703
McLane NeighborhoodAbout This Home
Best of Both Worlds: Fourplex on Title, Five Income-Producing Units
Rare Value-Add Multifamily Opportunity
This unique multifamily property offers the perfect blend of stability and upside. Legally a fourplex, the property is currently operated and rented as five separate units, delivering enhanced cash flow while maintaining favorable four-unit financing options.
Investors will appreciate the strong in-place income, efficient unit mix, and long-term potential. Whether you're looking to house-hack, expand your rental portfolio, or maximize returns, this property checks all the boxes.
Property Highlights
4 units on title | 5 income-producing units
Strong rental demand with consistent occupancy
Separate entrances for all units
Well-maintained with functional layouts
Upside potential through rent optimization and expense efficiency
Ideal for conventional residential financing while performing like a five-unit asset
Investment Appeal
Best of both worlds'' asset: residential financing + commercial-style income
Diversified rental stream reduces vacancy risk
Attractive for both seasoned investors and owner-occupants
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Parking
- Carport
Home Design
- Quadruplex
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,605 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Additional Features
- 10,500 Sq Ft Lot
- Central Air
Community Details
- 5 Units
- Gross Income $56,820
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,361 | $410,881 | $44,776 | $366,105 |
| 2023 | $5,122 | $360,000 | $65,000 | $295,000 |
| 2022 | $4,390 | $340,000 | $55,000 | $285,000 |
| 2021 | $3,849 | $300,000 | $50,000 | $250,000 |
| 2020 | $3,363 | $260,000 | $50,000 | $210,000 |
| 2019 | $2,799 | $220,000 | $45,000 | $175,000 |
| 2018 | $2,793 | $220,000 | $45,000 | $175,000 |
| 2017 | $2,301 | $180,000 | $35,000 | $145,000 |
| 2016 | $2,269 | $180,000 | $35,000 | $145,000 |
| 2015 | $2,268 | $180,000 | $35,000 | $145,000 |
| 2014 | $2,024 | $160,000 | $40,000 | $120,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $575,000 | -3.4% | $221 / Sq Ft |
| 01/25/2026 01/25/26 | For Sale | $595,000 | -- | $228 / Sq Ft |
Source: Fresno MLS
MLS Number: 642790
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